Atlanta Office Market Report
Return to Core Office Districts to Define Overall Atlanta Office Market Performance
Atlanta economy steadier than much of nation. Several factors contributed to a “soft landing” for the local market, including reopening timelines and a relatively low cost of living. Minus the states that never had a blanket shutdown, Georgia was among the earliest areas to loosen restrictions related to the COVID-19 pandemic. As residents left densely populated metros in the Northeast and Upper Midwest, Atlanta was a favored destination for remote workers. The population of the metro jumped 2 percent last year, and a stronger gain is projected for 2021. As a result, tech talent has increased significantly in the market. Many of these workers will be hesitant to transition back to their previous locales and opt to remain in the affordable metro.